Madrid is the capital and largest city of Spain, situated on the Iberian Peninsula. As of February 2026, the time in Madrid is 2:51 PM. It is known for its rich history, vibrant culture, and as a major economic and financial hub. Madrid is undergoing a large urban transformation with plans for over 278,000 new housing units to meet the demands of demographic growth.
Key attractions include the Royal Palace, the official home of the Spanish Royal Family, and the world-renowned Prado Museum, which houses masterpieces by Spanish masters like Velázquez, El Greco, and Goya. Other notable landmarks are Retiro Park, a large green space with over 15,000 trees, the Plaza Mayor, and the Cibeles Palace. Real Madrid, one of the most successful football clubs globally, is based in Madrid, with home matches played at the Estadio Santiago Bernabéu. The stadium is currently undergoing renovation to improve facilities and add hospitality options.
